OPEC+ may form ‘Alliance’

By Elena Teslova</p> <p>MOSCOW (AA) – Russian President Vladimir Putin discussed the possibility of transforming OPEC+ into a more stable structure many times, presidential spokesman Dmitry Peskov said Tuesday.</p> <p>Putin broached the subject at a meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of the G20, Peskov told reporters in Moscow.</p> <p>&quot;This topic has been discussed repeatedly with international partners in a positive way. The president spoke about the effectiveness of this area of work in terms of stabilization of the situation in international markets for energy prices,&quot; he said.</p> <p>Earlier it was reported that OPEC and non-OPEC countries, encouraged by the success of the current declaration on cooperation, have decided to formalize relations by creating a structure that can be called &quot;Alliance&quot;.</p> <p>OPEC+ have been reducing oil production for more than two years to stabilize the oil market.

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